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PBS
Sep 28, 2012 1:00am PDT
it to ease its mounting losses. the u.s. economy shows more signs of slowing, and slowing down faster than expected. but silver has been red hot. where is the demand coming from and can it last? we talk with phil baker, the c.e.o. of hecla mining. that and more tonight on nbr! we begin with discouraging news about the sluggish economy. by the broadest measurement, economic growth slowed sharply in the second quarter. the gross domestic product was revised considerably lower today. growth was 1.3% in the april through june period. just a month ago, the estimate was 1.7%. add that to a big drop in purchases of big ticket items, like washing machines and furniture. in august, durable goods orders fell 13.2%, and you've got an economy that's just muddling along. but one ray of encouragement-- fewer people filed for unemployment benefits for the first time last week. claims fell by 26,000 to their july lows of 359,000 claims. on wall street, the dow jumped 72 points, the nasdaq added almost 43 points, the s&p up 13. while the u.s. continues working through problems left over by the
MSNBC
Sep 28, 2012 12:00pm EDT
economy with chris hayes, ahead on "now." tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-2550 in their respective lipper categories. tdd#: 1-800-345-2550 c
FOX Business
Sep 27, 2012 8:00pm EDT
revenue because we continue will glow the economy, these kinds of pro growth tax reforms, ronald reagan and tip o'neill did it, we are proposing it that a pro growth sleuth t solution to gete back to work. neil: left out but a remarkable insight was a added come about what happens when you remove credits and exemptions and special allowances, the same thing that ronald reagan did in 1986, idea, making sure those who dodge taxes pay something in taxes, something ryan, said he is open to do emany conservatives in the party, say, any time do you that, it is a kin to raising taxes, ryan draws a major ca to take in what pat buchanan, on this fast moving development. what do you make of this. >> when i was ai i a kid was tha saying that rich pay more than anyone else but everyone contributes there is concern that you hear 47% or 49% are not paying income taxes at all. let me say with regard to what ryan talking about. if you drop rate from 35 to 28, you have to cut or cap interest deductions, for state and local income taxes, and there is a relucreluctance on part of repun to point out what i
FOX News
Sep 28, 2012 8:00am PDT
that different path. gregg: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think that had some effect. there is no question that president obama came out of the conventions with a little bit of momentum. you talk, it is not only showing up in the public polling that we're talking about here today but talk to republican pollsters polling on senate and house races and they will talk about what they call the clinton bump. they have seen it across polling in various parts of the country that voters who are asked a question is the country on the right track, is the country on the wrong track, which most pollsters believe the single best determiner ho will win in n
PBS
Sep 28, 2012 4:30pm PDT
to act to protect the economy. >> if investors get any sense that there might be a failure, they'll all race for the exit. and that's the equivalent of a run on the bank and there is no one there-- no one like a parent with capital or the fdic to supply capital if there's that kind of race for the et. >> reporter: three options are on the table. instead of a fixed value of $1, money market funds could be required to use a floating value. regulators are also considering whether money market fund companies should hold some of their assets as a buffer against a surge in withdrawals or whether to require investors to wait before they can get back a portion of their money. the s.e.c. could try again to pass new rules, but if it doesn't, the stability council could decide some big money market funds need closer regulation. that idea worries fund companies. >> it would result in significantly more costs and regulation and who would want to invest in a fund that the federal government has designated as systemically important? >> reporter: new rules may also push cash into unregulated invest
PBS
Sep 28, 2012 6:00pm EDT
presidential candidates focus on the economy, what do the mixed signals mean? we get perspective from two economists. >> woodruff: then, we go on board navy ships in the persian gulf to watch a massive military exercise aimed at securing the strait of hormuz. >> we need to be prepared to deal with mines go in the water. this exercise is focused on the mine trip and demonstrating our able to clear mines. we have to be able to do that. >> suarez: the chinese communist party ousts a once-powerful politician and prepares to unveil its new leadership. margaret warner has our update. >> woodruff: mark shields and david brooks analyze the weeks news. >> suarez: and from our "american graduate" series, we take an encore look at the story of an eighth grader who turns to journalism to tackle violence in his middle school. >> if i didn't have a-- i would probably be let up with the wrong people and doing the wrong stuff. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> bnsf and carnegie corporation. >> and with the ongoing suppo
FOX Business
Sep 27, 2012 10:00pm EDT
the economy growing 1.3%, 20 million unemployed i hear it is the economy stupid. the people are not responding to a horrible economy, a terrible pe situation and no plan to go forward. >> not attack ads notvery day i criticism they want to know not the specifics. >> we no hope and change was the fancy slogan. but that turned out not to be the case. they just beat up a president how much can you like a man who was not delivering?vering? at the end of the day he is a failed leader. ba i will cut taxes but i toepeo don't know how much. i will repeal but i have to wait.is presi oba but mathat is the mitt romney slogan.romney instead of saying here is my plan, i have been running six years. lou: if that is true the voters want specificity. why would they not what performance and the plan? >> but we don't have confidence in obama but less paular of governor romney. >> basically this president who ha has blamed his policy on hi failures now has a wonderful advantage to run against an an opponent he can blame is that correct? >> the thing that amazes meng ta i look at the polls. the country
FOX Business
Sep 28, 2012 6:00pm EDT
economy and romney. we have two jobs report left before the election. do you think -- well, what do you think the impact will be? >> i don't think there will be all that significant because if it was going to be significant in the jobs report obama would be toast. he has had 43 months in his term so far where the jobless rate is above 8%. now, and all of the time between 1948 and 2009 when obama took office in cumulative months and which the unemployment rate was above. some 39 months and 43 months in just three and a half years of his presidency. those are the staggering your numbers. yet people still say, well, he's trying really i've. lori: he wants to try to cut tax of year and a higher percentage. 75 percent individual income rate. >> it is absurd. there is no economic basis for that other than we don't think people ought to earn that much money, so we're going to take away. that is socialism at its very essence. and so you elected socialist president. voila. you're going to have socialist policy, and that is what you have. he comes out with a 75% tax rate i chased the wealth o
CBS
Sep 27, 2012 5:30pm PDT
shortage of water is keeping not just crops but the entire economy gov growing. ice government cuts its economic growth estimates. erthony mason looks at the drought and other threats to jobs. israel's prime minister shows how close he believes iran is to a nuclear bomb. how close is it? david martin looks into that. mark phillips on a controversy ealthe art world. she has that mystic smile, but ?s this a real mopa lisa? who says crime doesn't pay? jim axelrod on an auction of memorabilia from america's most notorious criminals. >> reporter: this was in clyde's waistband? captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. it turns out the economy is growing even more slowly than we thought. the government told us that u.s. growth in the second quarter was an anemic 1.7%, but today, the commerce department put out a new estimate showing us it was even less than that, just 1.3%. and this is what caught our attention in the report-- the government said half of the downward revision can be blamed on the drought. it's destroying crops, incl
PBS
Sep 28, 2012 4:00pm PDT
economic growth. brazil recently overtook the united kingdom to become the sixth largest economy. perhaps it is no wonder that the british prime minister has come to town to drum up trade. he is leading a delegation and in the past few hours, he met with the president in the capital. but brazil faces many challenges. there are signs that its economic growth is slowing and inflation is on the rise. when it comes to education, brazil ranks 53rd in the world. it is an issue the country needs to address so it can seize its momentum not be left on the sideline. and downtown, there are throwing up the buildings at a dizzying pace. but it takes more than muscle to lift the country. all of this prosperity was built on natural resources but of the country wants to do more than supply commodities to china, it needs human helped to. >> you will not find many skilled workers on the streets. it is here in the poor neighborhoods, not far from the business district, that you find that challenge. if this country ever wants to develop from an emerging economy, it is going to have to do a better j
SFGTV2
Sep 28, 2012 11:30am PDT
developing economies? >> in the chair of the land use committee this year, and i was vice chair last year with our former chair from the bayview hunters point area. i guess i approach land use and economic development from a different perspective. i'm not against development, but i want it to be equitable so we look at the lowest income populations or even middle income populations so that residents have a strong say as development moves forward, whether it is the park ridge said development in the southern, western part of the city or even treasure island with there's many low-income families that currently live there. but it is a strong voice for the residents that currently are there. we also want to see new people moving into the city, and hopefully, we focus also on families and housing that provides better homes and home opportunities for families, but i always say that i support equitable development. i also do feel that big business and downtown interests usually dominate the discussion on development. i want to see a balance of those forces, but also with residents and environmen
FOX News
Sep 28, 2012 4:00pm EDT
. federal express, intel, caterpillar, bellweathers for the economy, it sends a weak signal about the economy. sooner or later, gravity will overwhelm the central bank easing. the question is, does it happen before or after the election? >>neil: we live in the moment and i do not dispute what you are saying. but i do say the barometer has been right 90 percent of the time. as the quarter goes before the election, so go the election for or against the incumbent. this are many other barometers that point in a variety different ways so this is one of them. it doesn't necessarily mean anything. i am wondering if what this is saying for president obama is that people are going to look at their financial statements, if they are lucky enough to have accounts and they are up, or they will look at their home values if they are lucky enough to have a home going up in value and they feel, on paper, some of this wealth affect we hear about. you dismiss that? >>guest: well, it is a good point that perhaps what this is telling us is that bernanke at the federal reserve is throwing the kitchen sink
PBS
Sep 27, 2012 6:00pm PDT
been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: israel's prime minister warned again today that iran is well on its way to creating a nuclear weapon and said the world needs to act. benjamin netanyahu spoke at the united nations. as he has often before, netanyahu condemned iran and its nuclear program, and called on other leaders to do the same. >> at stake is not merely the future of my country. at stake is the future of the world. and nothing could imperil our common future more than the arming of iran with nuclear weapons. >> woodruff: the israeli prime minister said the hour is, quote, "getting late" to stop iran as it continues its nuclear work. >> i speak a
CSPAN
Sep 28, 2012 7:00am EDT
is stronger on the economy. so that's one set of polls. now, we've got this other set of polls we want to show you very quickly, and this is from rasmussen, and he does -- scott rasmussen's group, rasmussenreports.com, they do a daily tracking poll. for a long time now, they've been showing this race as even. right now, they're saying -- and this gets updated daily, about 9:30 in the morning -- and they president obama and mitt romney both at 46% nationwide. and when leaners are included, it's tied at 48% apiece. and the swing state daily tracking poll, they also have this, and they have that tied as well, obama 46%, romney 46%. again, this is from rasmussenreports.com. scott is a republican in colorado springs. hi, scott. caller: how you doing? host: good. what do you think about the campaign media coverage so far? caller: it's a joke. i flip through the channels, and they are totally biased. the thing that really gets me is you have romney going on, the different outlets, but yet obama, he's going on "the view" and david letterman, but he won't come on fox. it seems like he real
CNBC
Sep 28, 2012 7:00pm EDT
, businesses capital goods, investment heading south. those are two basic drivers of the economy, and if that stops jobs are going to stop, too and so is everything else. >> larry, i think those are very good points. i would argue most of the weakness we are seeing in the manufacturing side is a function of much weaker export s because of weakness in europe and asia. i think what we are seeing in the latest chicago data is a catchup with all the other weakness we had seen in earlier surveys. i think the economy is weak. it's not strong by any means but the labor market looks like it is growing. i don't think it will rollover from modest job growth. claims are ploe low and tax receipts are improving. >> 1 30i7b 3% depend we got earlier this weak. a lot of people would call ate growth recession. i want to ask is this stall-speed or an actual recession? >> i think we have slowed since the 1.3% second quarter number larry. we are seeing durable goods orders down in july and august. we are seeing the pmi is down. importantly, europe is moving in to a recession. germany is now in recession
FOX Business
Sep 28, 2012 12:00am EDT
with missiles and bombs and the capacity of destablizing the world economy through the gulf. melissa: what do you think is the appropriate response? because we were talking on the show yesterday about how sanctions it seems like are not necessarily working because we highlight ad company that is going ahead and buying iranian oil and is reportedly then selling it to china? because seems like the sanctions are not necessarily that effective. >> for a simple reason, melissa that not all of those who should be putting sanctions are putting sanctions. iran is trading with everybody else than the coalition that is putting sanctions. sanctions alone won't work. they are necessary but, the only thing we need to do. number two, you have the military capacity strike. that is only when we are sure that the iranians crossed that red line. third and most important i guess is work with the iranian opposition, with iranian students and women and minorities those who took to the streets in tehran remember in june 2009? they were very close shaking up the foundation for the regime. unfortunately was
SFGTV2
Sep 28, 2012 11:00am PDT
the local hiring and jobs and creation of new jobs, whether it is in a high-tech economy with twitter and other types of work force issues moving forward and businesses moving forward to creation of construction that local residents have a good shot at jobs. the john avalos local hiring measure was important in making sure we get residents, but even in my district, there are pockets of poverty and many people out of work. supporting those unemployed and underemployed people, supporting struggling small businesses in a difficult economy, and i support the small businesses versus more chain stores that seem to be coming into the store fronts, but i try to be sympathetic to local businesses because they make up the diversity of our local neighborhoods. those are some of the challenges that face our businesses. >> are there other issues specific to your district? how do you balance the needs of the issues in your district against the needs of the city as a whole? >> i know that our district has a higher proportion of seniors than some other district, and there is a brand new senior comple
MSNBC
Sep 27, 2012 10:00pm EDT
about patriotism. you know what? it is time for a new economi i the belief that growing our economy begins with a growing middle class. likely voters in new hampshire where mitt romney owns a home. esident obama leads mitt romny sen points. unlikely voters in north carolina president obama pol at 48% and mitt romney at 46%. ki a as for the rest of mba the campaign that do not include a 47% reference. there should be temporary tattoos with the number 47% that evybody wears on their foreheads on everyamn rally. this had proved to be beyond a turning point in the campaign. it has been devastating for mitt romney. he has been on the record talking about dismissing half the couny. you know, it is, it is in some ways, i would say this. as someone tha believes that there need t be a pnt and cor t i a travesty for the republican party, it is evidence of a party that is at war with itself. it is you know an example of how weak the gop has gten on ndamtalssue ttre the root of conservativism and a tragedy in the long-term. you just saw laura ingramive up. they areot all givgup fhat arguing wit
SFGTV
Sep 28, 2012 3:30pm PDT
transportation sharing, scooter sharing is the latest contribution for people having access in our economy rather than just offered ownership and to me, that's really what wha* the shared economy is about and this great incubating idea of scooter sharing is wonderfulfinger these are all electric, you can power this up on 18 cents worth of power as compared to what gasoline prices are. it takes, if you want to go around the city at 30 miles an hour, it will be less than half of the power of a toaster. it's equivalent to 850 miles a gallon to be on one of these electric scooters. i think it's safe, obviously we're going train people in the right way to abide but all the traffic regulations that we have, but as i sit in my car on days where i have to wait and 7, watch these scooters go by, it's kind of like where am i and what am i doing and can i contribute even more, so it's exciting to see this happen in san francisco, to see its launch, it's exciting that it's an idea that incubated out of the hub, it's exciting to not only see that it's fun for people to get around, to be more efficient
NBC
Sep 28, 2012 7:00pm EDT
you understand china's economy is growing at 7 or 8%. russia's economy is growing at 4% and our economy is growing at 1.3%? [ booing ] >> yeah. we're in a very different road than what i think the people of the road expected for the united states of america and if i'm elected president of this country, i will get us back on a road of growth and prosperity and strength. [ cheering and applause ] >> at a fundraiser president obama told his supporters that it will take more than one term for change to happen and he said ronnie's approach for writing off nearly half -- romney's approach for writing off nearly half of the nation will not do that. >>> we'd probably agree there's no good way to put down a sick animal and also there's some methods easier on the animals than other. drowning a sick animal? that is what a zoo director did to a wallaby and later today the zoo director meghan mogensen was found guilty of animal cruelty. we talked to the former curator who blew the whistle on her. >> there needs to be changes. there needs to be at least a vet tech on staff. i don't want anyth
FOX News
Sep 28, 2012 6:00am PDT
gamble because france's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion worth of tax increases. $10 billion worth of spending cuts gives you a 30 billion euro reduction they think in the budget deficit. bill: well on the spending cuts, how much resistance was there? >> there is going to be a lot of resistance. in france there is really a cradle to grave security system and the state is at the very center of the economy. when the state starts cutting into to spending, cutting down on spending, there will be some resistance and it will be seen on the streets.
CNBC
Sep 28, 2012 4:00am EDT
while consumer prices slipped further in august raising fears the world's third biggest economy could yet fall into recession by year end. >>> what a big day. >> super friday. >> we have the french budget proposal, the results of the spain audit/stress test, we've got, what else -- it's the end of the quarter. britain is announcing it libor reforms. >> that's not what i was talking about. it's the ryder cup, folks. forget all that stuff. >> by the way, i had to google the ryder cup. >> far more important event. >> we'll talk about that later in the program. >> i don't know who insisted on that, but apparently we are going to cover it. >> before we get to that, the government of hollande is about to present it first budget. its expected to whicheverdelives of tax hikes. meantime european policymakers are appraising spain's reform plan. but today the government must brace for the results of the banking stress tests that will determine the recapitalization needs of the country's most troubled lenders. we have steve sedgwick following the story in thmadrid, but firs out to stefane i
MSNBC
Sep 28, 2012 3:00am EDT
. rooted in the belief that growing our economy against with a strong, thriving middle class. read my plan. compare it to governor romney's and ciorrs anksor lteni. >> the president introduced the theme of economic patriotism into his stump speech at a campaign event in virginia today. >> during campaign season, you always hear a lot about patriotism. well, u know what? it's time foa neecon ioti. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> this is a new line in the president's campaign speech. it's not simply a call for policies and programs to support the middle class. it's a contrast with his opnent. thcontst ion fl display in another ad using mitt romney's own words. >> there are 47% of the people who will vote for the president no matter what, who are dependent upon government, who believe they are victims, who believes government has a responsibility to care for them, who believe they're entitled to health care, foo houng, u nat. they'll vote for the president no matter what. my job is not to worry about these
FOX News
Sep 28, 2012 2:00pm PDT
: can i ask you for three years when the mainstream media is bludgeoning obama on the economy. do you think he got a free ride? >> eric: yes! >> greg: absolutely! where was the bludgeoning? >> bob: on the economy. every day is bad news. >> greg: wait, you echoed many people who said the economy is roaring back. >> bob: it is. >> greg: millions of the invisible jobs. >> kimberly: where is the roar? >> greg: you can't have it both ways and say he has been bludgeoned at the same time the media gives him more water than niagara falls water institute. >> eric: where is the integrity. if they won't report a story that is this importance that may implicate the white house, don't hit two of three news channel, abc did, cbs and nbc isn't. no integrity. >> greg: they have to advance an agenda. >> bob: do you think they have an agenda like that? >> greg: yes! they all come from same place. >> bob: they have editorial meeting this morning and said what can we do for bam snap >> greg: they already share the assumption. >> kimberly: think, bob, it's ingrained. it's not like anyone says it out loud.
CNN
Sep 27, 2012 9:00pm EDT
american economic crisis would blow their economies off course. >> now it's the other way. >> today it's very much the other way round. actually, america, given where they came from on all this, actually it's pretty remarkable that they are where they are today. >> one of your successors, british prime minister david cameron has been in new york this week and went on the letterman show. he got hijacked a bit. let's watch a bit of this. i'm sure you'll enjoy this. >> and the literal translation was what? >> again, you're testing me. >> it would be good if you knew this. >> no, no. you found me out. >> oh, good heavens. magna carta literally means great chart. >> he ruined it. i was going to ask you. be honest. >> magna carta, because i'm slightly older than david cameron so i learned latin in school. >> you would have known? >> well, by the way he learned latin in school. let me tell you, there is nothing worse than being on these types of shows -- i used to get -- i would never get nervous about, you know, certain level of apprehension about doing let's say, with you i was always nervous
CNBC
Sep 28, 2012 2:00pm EDT
recessionary periods in the u.s. economy. drop back in 1990, it dropped back in 2000 to 2001, and of course it dropped with the financial crisis an the great recession hit. what i'm worried about, mandy, what we're going to talk about right now is the far right side of that screen. both of these numbers are coming in under 50. and when we hit sub 50 for both these numbers it often portends, how i do say it, not good things. >> that is indeed ugly. in fact, brian, as we can see from those charts, when the numbers come in below 50 it often means we're heading into recession. let's ask dan greenhouse, and with us senior vice-president of the chase mid cap growth fund. dan, i would like to start with you first of all. as we can see, the economic numbers appear to be take a turn for the worst. and yet your not totally convinced that the stock market rally is over. is that a fair play? >> well, it is. it's important to remember that the u.s. stock market is not u.s. gdp. certainly in the short term if not the medium term. i would make a couple of quick points. the first of which is, brian
NBC
Sep 28, 2012 6:00am EDT
. the economy is seen as a central issue of the economy. tara mergener has more on the story. >> good morning. lots of anticipation on this first presidential debate. just five days now until that first presidential debate. it is one of the last chances for them to sway the undecided voters. as the clock ticks down to election day, the presidential hopefuls are running at a furious pace -- >> thank you, thank you. >> and getting ready for the first debate, where the economy will be front and center, as it was on thursday in springfield, virginia, where mitt romney pounced. the commerce department lowered its latest estimate of economic growth. >> china is growing much faster than we. russia is growing faster than we. our economy needs to be reinvigorated. we cannot afford four more years like the last four years. >> in virginia beach, president obama pledged to create more jobs and to get the economy moving again in his next term. >> the truth is it will take a few more years to solve challenges that were building up over decades. >> another round of ads has hit the airwaves. both are
SFGTV
Sep 28, 2012 3:00pm PDT
becoming environmentally responsible, creating our opportunity for our economies to fwroe and our dialog in our country is the urban cities that have to create the new jobs for the new economy. i know paris must do so as well, and if we work tokt, we can create those and instigate and innovate our new ideas for the new economy and our mutual obligations on the environment, and then there is something that paris and san francisco hold very dearly and that's an ongoing conversation about our human rights as world leaders, so it's human rights, it's the environment, it's the economy and these are the reasons why we hold our relationship with paris and with all the other great cities of the world in a sister city relationship so dearly, we learn from each other, we send delegations to each other, we welcome each other to the city but in each and every instance, we are always thinking about ideas about how we can help each other and help regions improve, so i am excited to have met with the mayor just a few minutes ago to reaffirm our relationship and we'll sign that in a few moments t
FOX
Sep 28, 2012 4:00am PDT
the competition is telling us about global economies. paul eggers reports next. we are this close... ...to making history. we are this close... this close... we are this close to ending polio. all we need is you. this close... be a part of history at rotary.org the paris auto show comes at a tough time for european automakers. car companies in europe are bracing for a drop in sales. but that didn't stop the spotlight from shining on the city of lights for one of the nation's largest car shows. high-end auto mobiles from bentley, lamborghini and jaguar were rolled out this week, as auto makers target drivers of luxury automobiles. the show comes at a time when new car registrations in the region have slowed 7%. teams from europe and the u.s. are teeing off for the ryder cup this week. this year's match is happening just outside of chicago. paul eggers reports on how the economy is coming into play on the golf course. a gallery of more than 40,000 golf fanatics from across the u.s. and europe will visit medinah country club each of the next three days for golf's premier team event.
FOX News
Sep 28, 2012 5:00am EDT
:00 a.m. today. make sure you tune into that. >>> moving on to the economy a key issue in this presidential election as you know. that's what sean hannity is talking about with the dnc vice-chairman. he is pressing him on whether or not he thinks the president has been successful turning the economy around. >> how would you grade him on the economy? >> i would say this president must have a strong job of walking into a crisis. >> give me a grade. what's the grade? >> i would give if an a. i would say the it's incomplete we want to finish the job. you and i know this the president walked into a mess, right? let's stop and think about it. >> so did ronald reagan. reagan 8 percent growth in his presidency. >> we are not debating ronald reagan. >> he had a worse economy than oba obama. he said he was inheriting it but he hasn't fixed it. we are seeing economic growth we are heading toward a recession and it's getting worse. >> we told you this yesterday stay stuned for that. right now it is time for your first degree weather update with janice dean who has more on the storms in the
MSNBC
Sep 28, 2012 2:00pm EDT
early for that yet. i think the president still has weaknesses because of the economies, and i think because of that mitt romney's gin more chances than he otherwise would to make his case to the american people. i think this very first debate next week may be his last best chance to make his case. >> do you think if the debate's a flop for mitt romney that all of a sudden some super-pacs and big dollar donors, some of the establishment, do they begin to abandon him next thursday? >> i think it will certainly heighten and go to defcon five. what's the next color is on the homeland security chart, i lose track of them, we'll probably go to. i think what mitt needs to do, craig -- >> fuchsia. >> -- is really be himself. stop trying to be a conservative. he's not. we're not talking about a guy with deep ideological convictions. his real moral convictions are in his family where he has a picturesque american model there. beyond that, he's known for making money for himself and other people and creating jobs for those who don't have wealth. that's who he needs to be. >> it sounds like ste
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